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Search Results 0 to 21 of about 22 (some duplicates have been removed)
due from wells fargo before the bell. plus, a rough week for boeing. today, u.s. transportation officials are set to announce a special review related to some of the recent electrical problems on the new 787 dreamliner. it's tri, january 11th, 2013, and "squawk box" begins right now. >>> the index is now 93 points off its record low that was locked back in october 2007. we've been watching the futures this morning, and right now those u.s. equity futures are indicated slightly lower for the dow futures just over six points, but the s&p futures and the nasdaq futures are indicated slightly higher. this is a global story with world stocks near eight-month highs. european stocks consolidating in early trading today. france pulling back slightly, but in germany, the dax is up by just over 8.5 points. the ftse is up by about five points or so in london. if you want to know who is taking part in this rally, check out these new statistics. investors poured $5 million stocks into mutual funds. that is the largest weekly inflow since 2001. mean too many, etfs gained about $8 million in c
. they're not the only retailer under pressure this morning. jcpenney capping a bad week. >>> boeing under official view as a probe is taken on the plane. a cracked inshield and oil leak. >>> remember a cheaper iphone? a top apple executive said forget it. the company continues to focus on china. >>> we'll kick off with wells fargo, kicking off q4 results. the lending business came in a little bit lower than many analysts expecting. the numbers coming out after american express announced plans to cut 5,400 jobs and the s&p closed at fresh five-year highs. jim, it's been said, wfc, probably the most important report of the week. what kind of grade do we give it? >> the whisper was they weren't going to do this anyway. i don't know anyone would think they would -- people were certainly thinking because the stock market was 32, 35. maybe somebody knew something. but in the end, they didn't do the net margin. the numbers will come down. people will trim numbers on wells fargo. it is still the best bank. they have too much money. the deposit growth here is unbelievable. but in this enviro
or a possible motive. >>> in just a couple of how weres from right now the new boeing dream liner jet will be taking off from san jose airport for the very first time. in 30 minutes from now the federal aviation administration will hold a news conference tied to the safety concerns about that jet. ktvu janine de la vega joining us live. she is at ma theta san jose airport right now. what can you tell us? >> reporter: well all over san jose you can see signs touting the inaugural flight to tokyo. it takes off here from at 11:45. it's being operated by ana. what is being used is the 787 boeing dream liner. the faa will be holding a news conference to launch a major review of the boeing 787 boeing dream liner. this week there were numerous problems reported with the aircraft. one flight had to be canceled because of brake lines with the plane. on monday a dream liner operated by japan airlines had an electrical fire broke out in its battery. this has spark concerns and put a damper on the air sport here. >> i think the more convenient international flights we have here locally is great.
on the stands and culture of the swiss bank. >>> then we'll head to detroit for the latest on boeing after fuel leaks and a fire involving their 787 dreamliners and a boston airport. >> and oil, as well. >>> asia demand is growing, the oil price may act as a break in the world economy. the energy revolution will have a global impact in oil flows toward asia. and the global shift is underpinned by huge energy investments. we are going to be talking about u.s. energy. >> yeah -- exactly. we're also seeing reports about how u.s. oil import will be at the lowest in 25 years. there is a change afoot. >> i guess that's what the iea head is saying, asia is going to take more of the u.s. demand. >>> to earnings. yes, alcoa swung to a fourth quarter profit matching forecasts. results were helped by stabilizing raw aluminum prices. higher prices and cost cutting. revenues down 1.5% to $5.9 billion. that did beat estimates. alcoa is also slightly boosting its 2013 global demand forecast from 6.5% to 7%. kleinfeld says growth in china is coming back and europe is doing better than expected. the stock up 1.
ceremony for the bay area's first international flight of a boeing 787 dream liner began. it's headed by tokyo, headed by ama. one of the first questions the chairman had to answer preflight was about the safety, which has been called into question. >> we are concerned about recent events with boeing 787. >> reporter: that's the announcement of the comprehensive review of the dream liner this morning. it's a series of recent mishaps which have been in commercial use for over a year. there was a fire, two fuel leaks and a crashed windshield just this week. >> we are confident about the safety of this aircraft. but we're concerned about these incidents and we will conduct the review until we're completely satisfied. >> reporter: in the meantime, the faa is allowing the planes to stay in use. a.m.a.'s has a dream liner model. >> this is to ensure the safety for our passengers. >> it raised a bit of a concern like, oh my gosh, what are we doing? but all in all, not worried. >> reporter: city leaders are down right excited. >> it's important to have th
know more straight ahead. the time 7:31. >> thank you. new in just a few hours the new boeing dream liner jet will take off from san jose's airport for the first time and just moments ago the faa wrapped up a news conference tied to the growing concerns about the safety of that type of jet. we are live from the airport in san jose. good morning. >> reporter: good morning. all over san jose international airport there are signs advertising the airline, ana, it's flight to tokyo. it takes off at 11:45 a.m. in the last hour we were able to learn about the investigation in to the air craft that will be flying that route. the faa and the department of transportation announced at a news conference that they will be conducting a major review of boeing's 787 dream liner's electrical system. this week a flight on ana had to be canceled because of brake problems with the plane. that followed a fuel leak that happened on a 787 that had to cancel takeoff in boston and prior to that on monday a dream liner operated by japan airlines experienced a fire in its battery. the head of the department o
on the runway. no, not "america's top model." boeing, a series of problems with dreamliners. and u.s. equity futures pointing to a positive start to wall street. it's january 9, 2013. "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew sorkin. i can't talk today. shares of alcoa getting a boost after the company's quarterly report. fourth quarter earnings matching expectations. revenue did come in better than the street was expecting. the country's largest aluminum producer says that it is cautiously optimistic that demand for the metal will continue to grow in 2013. among the catalysts, they're looking at strong sales to aerospace and construction customers. alcoa executives are keeping a cautious tone as worries linger about the budget battles in washington. >> you look at the businesses, you actually see that the endowment dow stream businesses are hitting new records profitabilities. another quarter of that and record year. that's great. when you look t upstream where it's basically about the c
will be? send us your estimates. e-mail us, tweet us, as well. we'll take a break. still to come, boeing looks set to soar past airbus as the world's top planemaker. can its european rival fight back? we'll have some analysis and report, right after this. >>> if you're just joining us this morning, here are your headlines. investors count down to the u.s. jobs report looking for december payrolls. here in the uk, disappointing services pmi weighs on the pound. >>> looking at the markets and the employment report, other stories we're following today out of the states, the s.e.c. has dropped its case against david sokol and completed its probe of possible insider trading, according to his lawyer. in 20111, warren buffett said sokol violated the company's insider rules when he sold a $3 million profit on shares. they rose by neared a third after berkshire announced it would buy the chemical company. the s.e.c. began investigating him shortly after he resigned from berkshire. >>> the tech sector had a decent end to 2012. global sales are up 2% in december from the me month and year over year
, some turbulence hits boeing after a fire breaks out on a parked plane. ♪ ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. office superstore ink retailer in america. now get $6 back in staples rewards for every ink cartridge you recycle when you spend $50 on hp ink. staples. that was easy. when you spend $50 on hp ink. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. >>> welcome back to "squawk box," everyone. in our headlines this morning, one of the few companies in the world to give apple a run for its money says that it will rep
.9%. yesterday's big loser among industrial stocks was today's winner: boeing. the company was out defending its marquee plane, the dreamliner 787, after three issues in as many days this week. shares rebounded 3.6%. volume doubled. today the chief engineer for the program expressed confidence the 787 is safe. the other big winner in the sector was industrial equipment maker danaher. shares are at an all-time high after the firm raised its financial forecast for the fourth quarter. among the health care stocks rallying was medical device maker stryker. it makes replacement knees and hips. preliminary quarterly results were encouraging after a recent slowdown blamed on weakness in europe. shares moved up to a new 52 week high. u.s. sales had been under pressure as well from insurance companies becoming more conservative in paying for elective replacement surgeries. the fight for clear-wire is on. clear-wire is a wireless broadband technology company. sprint owns half of the company and has offered to buy the rest, but dish network topped sprint's offer, as dish continues moving toward offering it
. >>> and the problems continue to pile up for boeing's dreamliner after an oil leak and a cracked cockpit window were discovered on two separate flights in japan today. the latest incidents come ahead of a scheduled press conference from the federal aviation administration and the u.s. department of transportation. that's scheduled for 9:30 eastern. the uf of a is expected to announce a review into the aircraft's power systems after several mishaps on tuesday. 787 at boston's logan airport leaked around 40 gallons of fuel on to the tarmac a day after another airplane caught fire in boston. boeing stock? i'm not sure we have it. don't worry about it. the we're looking at the three-month chart on the nikkei. up 25.65% in the last three months. up another 1.6% today. shinzo abe announcing another stimulus bill suggesting the bank of japan should maybe think about adopting an employment target. but that nine-week consecutive bull run is the longest in japan since october to december, way back in 1988. so 1988 is the last time the nikkei was up nine weeks in a row. contrast that with european markets. tod
will take over as ceo, keeping the current role as chairman, stock is down 7%. boeing shares, aviation safety officials looking into the electrical fire on a 787 dreamliner yesterday at logan airport, it is another blow to boeing after a string of problems with the airline's engines and electrical systems. we have college kids full of themselves. stuart: cote, which i call democratic luxury, apparently that stock is up today. how big? nicole: stock is looking good on a day when retailers are next. coach is one of the stellar performers over 3%. some of the analysts are raving their estimates for the latest quarter. that is some good news. also just looked up the analyst reports about 26 have buy ratings, had tolds and not many sell. there's a lot of talk and this is stuff that really has been beaten down. it has some room to the upside. stuart: 57 coach. a new study says college students are more and titles, they feel themselves more in title than ever. very high opinion of themselves. they expect more even though they haven't achieved anything significant yet. they're still in charge
flights to asia on japan's on the pond airways. on friday the world's most high-tech plane, boeing 787 dreamliner will begin direct flight to tokyotokyo. the airline will also offer continuing service to other asian airports. many tech companies do business in asia and have been lob big for south bay service there for years. >>> now, before you yell at me, you know. >>> tickets for the popular festival in the valley desert is going on sale soon but some think the prices are way too high. prices have been rising every year but this year it's $380 apiece compared to $240 last year. quite a jump. there will be some tickets available for those who qualify for a low-income ticket plan. tickets go on sale in february and this year it will be first come, first serve, not the lottery we saw last year. the week long festival was held leading up to labor day weekend when it started in 80s. by the way, it was pre-. >>> 49ers fans tickets for the playoffs go on sale tomorrow. there will be a limited number of tickets available on ticket master for the game that is saturday, 5:00 at candlestick par
are scheduled five days a week, using boeing dreamliner jets with 157 seats. company officials say they expect business travelers to make up most of their passengers. >>> support, of sierra's president cheer as he makes a rare address. bashar assad's harsh words to rebels and others who are asking him to step down. >>> the plus latest in a french actor's bizarre quest for russian citizenship. ♪ [ male announcer ] the distances aren't getting shorter. ♪ the trucks are going farther. the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. . >>> you are looking at' rare event many syria as a defiant president bashar al-assad addressed his nation for the first time in six months. he rejected international peace efforts and proposed a political plan that overhauls the government, but keeps him in power. mr. assad repeateds had longstanding assertions that the movement against hill was driven by "murderous criminals." >> this is a conflict, those who wanted to take revenge against the peopl
going lower yesterday, boeing talking about turning things around, leaving the dow today. perhaps shares oversold on the news. >>nicole: they had breaks, a ful issue and electrical fire. one of the analyst said to get in and buy it on the dip. bank of america put them on the upside helping the dow and bank of america weighing heavily. ashley: home builders popping nicely today, a lot of analysts strong on housing this year. nicole: positive on the group overall, many homebuilders hitting 52-week high, 200, 300%. sandra: close out another trading session. let's go ahead and see how things have wrapped up. the dow up to 61 points, s&p 500 up three and three quarters of a percent or one quarter of a percent, the nasdaq composite up one half of 1% or 14 points. the rustle up one half of 1% as well. ashley: facebook small rise. now up after delivering the third quarter results. sandra: and one of the biggest etf losers today moving lower as natural gas itself falls more than 3%. ashley: the solar names are shining today. china will more than double the solar capacity this year. among the top
.o.d.'s negotiating position. the boeing refueling tanker, first of all, should mention we're still under a continuing resolution so that program like many other programs where funding was supposed to be ramped up it is stuck at last year's level soff it is $1 billion short. if you add sequestration on top of that and you appropriate a higher level you're still left short. s we had a contract we signed with boeing and the rate we were going to buy those tankers and now you're cutting the funding and we can't keep up our end of the contract so d.o.d. has to renegotiate with boeing. it is reported that boeing bid they bid very competitively to get that contract. do you think we're in a good position to maintain such a competitive price or is boeing going to walk out in a better position perhaps not losing money on the contract anymore. there are some areas that it is going to be bad for d.o.d. if they have to receiver -- sequester these accounts. >> so the short term is on them. probably be a severe cut back in training and that sort of thing? >> some of the options you have to look at if you have live
need a full-fledged simple nigh. why do they need a boeing 737. why does the pentagon send $65 ,000 on a individual to send them to civilian grad school in why are there more generals now than when the army and marines was larger? why do they have a larger staff? cutting all of those won't save you hundreds of billions, but it just shows you the fat spread throughout the pentagon. i'll say u a couple of things. i agree two-thirds of what you said. and i salute your service at foreign service and brookings. it's good to see you. in the interest of debate that's the fun we have together, always. you mention a long list of potential areas of waste one of the most expensive things you mentioned is something i would support and say the state department should do more is idea of mid career sabbatical. not only do we benefit from it here at brookings. have a half dozen or seven of the mid career officer and intelligence community personnel and coast guard officers who teach us a lot but they go back, we hope, with different idea and new idea. if you look at the history of a lot of leaders
Search Results 0 to 21 of about 22 (some duplicates have been removed)

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